was curious if anyone has seen any if the mysterious planchet errors from the monroe dollars. I spoke with a guy tonite who has opened $3,000 worth and has found none. The mint says they were all caught, but he insists some made it into circulation. Anyone?
If I was hunting for one of these errors I would be looking for quarter rolls....not dollar rolls. Remember, these errors were said to have been struck on quarter planchets....not quarter stock. That means that they would be closer to the size of a quarter and I would say you would have a better chance finding it that way. Of coruse....that is just my 2 cents Speedy
A quarter planchet after being struck in a dollar-sized collar would produce a coin larger in diameter - and thinner than - a quarter. Or so it would seem to me.
exactly, if i remember correctly it is to be thinner and in with the dollar rolls. yet i have not seen or heard of anyone finding one. maybe they did catch them all before they were sent out.
And I agree....but I really doubt that they get to be the same size as a normal dollar. Maybe Mike can give us some kind of idea on what size they would be. Speedy
If looking for a dollar struck on a quarter planchet, I would search dollar rolls, logic being as follows. Quarter planchets were fed into a dollar stamping setup. They would be commingled with other dollar coins. They would be fed into the edge inscription process (though may not receive an actual inscription due to diameter) They would be shipped in the bulk bags (140,000 coins) to CWI. CWI would roll them as they would any other Dollar Coins. Thus they would end up in Dollar Coin Rolls. CWI does not sort coins to be rolled, the are sorted prior to the rolling process. If CWI received bulk bags of Dollar coins, there would be no reason to sort coins that are supposed to already be homogeneous. CWI uses Glory WR-100 coin wrappers http://www.coinwrap.com/content-products.htm Glory WR-100 can wrap all denominations, but it must be setup in adance and fed with pre-sorted coins. It will wrap anything that is fed into it (just ask anyone who searches CWI half dollar rolls and gets pennies, nickels, dimes, quarters, dollars, foriegn coins, and tokens in their rolls.
Ah....but they don't all have the edge lettering....and the ones that do don't have all of it. The coins aren't the size of a normal dollar and therefor they DID go though the edge lettering machine but they didn't get most of the letters. In fact the source that I first heard it from said some might not have any at all. I'm still leanning to quarter rolls.... Speedy
I'm going to check out OK's......my bank should be getting them here soon and I'm going to be getting around 20 rolls. I don't collect quarters myself but I pick up rolls for a few friends....when I do that I'm planing to check the edges of the coins through the wrappers. If I see anything of interest I'll let you know. Speedy
Here is a link to a informative post I just made on another forum as to whether or not these errors could have been rolled by CWI in the dollar rolls without anyone knowing.......... http://forums.collectors.com/message...hreadid=640704
http://http://forums.collectors.com/...hreadid=640704 The link is not working because of two "http://" at the front. http://forums.collectors.com/messageview.cfm?catid=26&threadid=640704 should work.
But how would they get separated from the rest of the dollar coins and then get from the dollar production line over to the quarter bagging area? (especialy since they are working on using conveyors to move the coins from one stage of th coining to another. So the coins would be struck, and go straight from there through a riddler (where thousands of the smaller wrong planchets would be falling through the screens) to the edge lettering area, and from there there stright to the dollar bagging area. No if they got out it would be in dollar ballistic bags not with the quarters. Personally I still think there issomething wrong with this report. I just find the whole idea impossible to believe. There are just too many human errors piled on top of errors that would have to occur for it to happen. Guy delivering quarter planchets doesn't notice that he is taking them to the dollar production area. When he dumps them in the feed hopper he doesn't notice that they are silver colored and the rest of the blanks in the hopper are copper The press operator who every few minutes takes a handfull of dollars out of the temporary strike hopper and examines them doesn't hotice that they are silver and not copperand releases them into the struck hopper. He does this not once but MULTIPLE times. (whn the coins come from the press they land in a temporary bin before being mixed with the output of other presses. Ever few minutes the operator is supposed to examine a sample to make sure they are ok. If they are he dumps those couple thousand into the main hopper with the coins from other presses. This is done specifically to catch errors early and to isolate them to one press. If they just went straight from the press to the mixed hopper, if an error is discovered they would have to condemn the entire output of ALL the presses. The temporary hopper holdes at most a few thousand coins. so it would have to be examined many times and the "silver" dollars missed for the number they claim were produced to get passed.) After coins are struck they are run through a riddler system that is designed to screen out mis-struck coins. (The first screening removes oversized coins (broad strike off centers etc, the second screening removes undersized ones such as clips and wrong planchets.) The dollars struck on quarter blanks should have been falling from the riddler like rainfall. No one noticed this and checked into it? The operator running the edge lettering machine didn't notice a bunch of silver collared dollars suddenly going into and coming out of his machine? Not to mention ther was probably a major change in the sound of the machine since it was no longer pressing hard against the edges of the coins because of their smaller size. It all just does't make sense. It is about a believable as a syrup tank running empty at a Coca-Cola bottling plant and no one on the production line noticing for two hours that the Coca-Cola bottles they are filling, sealing, and packaging are filled with just carbonated water.